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Ola Källenius

Ola Källenius

Swedish manager

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  • 4h ago

    Mercedes profit rises 13.5% but China car sales slump 30%, dragging down 2026 outlook

    Group net profit climbed to 1.09 billion euros in the second quarter, the first year-on-year gain since Q2 2023, yet a 30% drop in China passenger car deliveries forced Stuttgart to cut its full-year sales and revenue forecast.

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Today’s Brief

Bordeaux burns, Brent falls

Trump pauses Iran strikes as Europe fights fires and investors fund the AI race

The day turned on reprieves that may not last. A pause in the US-Iran fight calmed oil markets, while fire crews in France and Spain raced heat, wind and politics.

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World · Updated 55m ago

The war in Ukraine and its limits

The UK's commitment to transfer advanced electronic warfare technology and intellectual property rights marks a notable shift in military aid, alongside President Zelenskyy's high-level diplomatic visits to the UK and US.

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